The Internet of Things (IoT) is the network of things (physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators) connected through internet which enables these things to exchange data. This creates opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.

In simple terms we can say IoT is a system of things integrated with sensors, softwares, electronics which are connected to each other & can exchange data or Information with other connected devices.

The IoT soultions are spread across wide areas and some are listed below

Smart Home
IoT devices part of home automations like lighting, temperature control, air conditioning, security systems etc.

Manufacturing
Integration in manufacturing area with sensors for identification, communication, tracking etc is improving the efficiency of manufacturing area. Example like opening the door automatically when truck comes.

Agriculture
There are numerous IoT applications in farming such as collecting data on temperature, rainfall, humidity, wind speed, pest infestation, and soil content. This data can be used to automate farming techniques, take informed decisions to improve quality and quantity, minimize risk and waste, and reduce effort required to manage crops.